Endgame: The State of the Russian Economy

Location: online, ZOOM

Organizers: Kiel Institute for the World Economy, CEPR

Four years into Russia's full-scale invasion of Ukraine, the Russian economy is eroding faster than the St. Petersburg International Economy Forum would have us believe.

Beneath the headline figures, its foundations are weakening: growth has come to a standstill, fiscal and financial buffers are increasingly depleted, and its asymmetric dependence on China is deepening.

Join us for a timely webinar on a new Kiel Report by leading economists on the Russian economy to discuss the emerging contours of Russia’s economic endgame.

The conversation with the authors will examine how long the Kremlin can sustain its war effort, the growing costs of dependence on China, and why export revenues remain the key variable shaping Russia’s capacity to continue the war. At a moment when the window for consequential Western action is open, this webinar will explore what tools Europe needs to turn economic pressure into a durable shift in Russia’s strategic calculus.

Authors and panelists:

•     Torbjörn Becker, Stockholm Institute of Transition Economics
•     Konstantin Egorov, University of Antwerp
•     Alicia García‑Herrero, Bruegel, Hong Kong University of Science and Technology
•     Matthew C. Klein, The Overshoot
•     Iikka Korhonen, Bank of Finland Institute for Emerging Economies
•     Elina Ribakova, Kyiv School of Economics, Peterson Institute for International Economics, Bruegel
•     Lucas Risinger, KSE Institute
•     Moritz Schularick, Kiel Institute for the World Economy, CEPR

Go to press release of the report